The trend recently in the residential real estate market has been towards low, set fee brokerages such as Red Fin. Sellers have begun to push back against paying commissions based on percentages of the selling price. Sellers are not seeing as much value in working with brokers. Much of this is due to a [...]
Archive for March, 2009
Cooling Texas Land Market
Posted in Market Trends, tagged Texas land, Texas land markets, Texas ranches, Texas real estate on March 29, 2009 | Leave a Comment »
The Texas land market is beginning to show signs of cooling. In the second quarter of 2008, land prices failed to exceed 2007 2nd quarter prices. Ranch land sales fell 30% from 2007 levels and commercial land sales fell by even larger margins.
There are also signs of buyer resistance to seller asking prices and the buyer [...]
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